Gold rebounds from low as dollar slips

Gold prices climbed higher on Thursday, recovering from a recent low as the US dollar eased. Investors continue to weigh potential Federal Reserve rate hikes following a hot inflation report.

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FILE PHOTO: An illustration photo shows gold coins commenly known as "gold ducats" in Vienna, Austria, March 14, 2025.

Gold prices rose 0.7% to $4,134.08 per ounce during Thursday morning trading, rebounding from a one-week low as the United States dollar eased.

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